Invesco Global Water ETF (PIO)
Invesco Global Water ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $43.19, up 0.35% on the session, giving a market capitalisation of $261.3M. Its beta of 0.99 implies it has historically moved less than the broad market.
The Invesco Global Water ETF seeks to replicate the performance of the Nasdaq OMX Global Water Index. A significant majority, typically at least 90%, of the fund's total assets are invested in companies listed on international exchanges that are involved in developing products and solutions for water purification and conservation across residential, commercial, and industrial applications. Both the fund and its benchmark index are rebalanced quarterly and undergo annual reconstitution in April.
Invesco Global Water ETF is most often compared with the following Financial Services names: